Crypto Payments May Not Help Russia Bypass Sanctions, Experts Say – Finance Bitcoin News
Russia is preparing to authorize international crypto payments but people involved in the industry doubt this would allow the country...
Finance
Russia Starts Developing Mechanism for International Crypto Payments – Finance Bitcoin News
Financial authorities in Russia have begun work on a mechanism to facilitate the employment of cryptocurrencies for settlements with other...
Erdogan Suggests Turkish-Russian Payment System, Local Media Reports – Finance Bitcoin News
Turkish President Recep Tayyip Erdogan is reportedly pushing for Turkey and Russia to establish a new payment system between them....
China to Expand Digital Yuan Testing in Pilot Cities to Provincial Level – Finance Bitcoin News
China’s central bank intends to enlarge the area covered by trials of its digital yuan currency in four regions of...
Hong Kong to Start Testing Digital Currency in Coming Months – Finance Bitcoin News
China’s special administrative region of Hong Kong is going to trial а digital version of its dollar as early as...
Japanese Banking Heavyweight Nomura to Launch Crypto-Focused Venture Capital Arm – Finance Bitcoin News
On Wednesday, the Japanese financial holding company and principal member of the Nomura Group, Nomura Holdings, announced the launch of...
Nasdaq Establishes Crypto Unit — Sees Increased Demand for Digital Assets Among Institutional Investors – Finance Bitcoin News
Nasdaq has announced the launch of “Nasdaq Digital Assets” citing increased demand for digital assets among institutional investors in recent...
Samsung Named Most Active Investor in Crypto and Blockchain Startups – Finance Bitcoin News
Between September 2021 and mid-June 2022, Samsung invested in 13 crypto/blockchain companies thus making the South Korean corporation the most...
HSBC’s CEO Explains Why Crypto Is Not in the Banking Giant’s Future – Finance Bitcoin News
Banking giant HSBC will not be offering crypto services, according to CEO Noel Quinn. Noting that HSBC is more negative...
Norway Releases Source Code for Digital Krone Sandbox, Utilizes Ethereum Technology – Finance Bitcoin News
A crypto company working with the central bank of Norway has published the source code for the sandbox created to...
Financial Giant State Street Sees Unwaning Crypto Demand From Institutional Investors – Finance Bitcoin News
Investment management firm State Street says that institutional clients are not deterred from investing in crypto assets despite price declines....
ETC Group Says It Will List an Exchange-Traded Product Based on Anticipated ETH Hard Fork – Finance Bitcoin News
Digital asset-backed securities provider the Etc Group has said it will list an exchange-traded product (ETP) based on an anticipated...
Blockchain Gaming Publisher and Web3 Firm Animoca Brands Secures $110 Million – Finance Bitcoin News
Blockchain gaming publisher Animoca Brands announced the company has raised $110 million in a funding round led by Temasek, Boyu...
Bank of Russia to Promote Digital Ruble in Foreign Trade as Finance Ministry Pushes for Crypto Option – Finance Bitcoin News
Days after the two institutions agreed on the need for cross-border crypto payments, the finance ministry and the central bank...
Russia Explores Stablecoins for Settlements With Friendly Nations – Finance Bitcoin News
Russia is cooperating with friendly countries on the potential employment of stablecoins in international payments, a top government official unveiled....
Russia Can’t Do Without Cross-Border Crypto Payments, Consensus Reached – Finance Bitcoin News
Key government institutions have agreed that Russia needs to legalize crypto payments for international settlements. The proposal has been gaining...
Sanctioned Russian Bank Tests In-app Operations With Digital Rubles – Finance Bitcoin News
A Russian bank, one of the country’s largest by assets, has conducted a successful trial with digital ruble transactions processed...
Russian PM Says Digital Assets Are ‘Safe Alternative’ in Foreign Trade, Urges for Ruble Payments – Finance Bitcoin News
Russian Prime Minister Mikhail Mishustin has praised digital assets as a payment instrument that could strengthen Russia’s financial independence. The...
Reddit Co-Founder Alexis Ohanian’s Seven Seven Six Targets $177M for a Crypto-Centric Fund Called Kryptós – Finance Bitcoin News
According to a recent report, the venture capital firm founded by Alexis Ohanian, Seven Seven Six, is planning to raise...
Bank of Russia Eases Restrictions on Purchases of Dollar and Euro Cash – Finance Bitcoin News
The Central Bank of Russia has relaxed some limitations for Russian banks selling U.S. dollars and euros to the public....
Market Strategist Expects Stock Market to Drop 50% From Here, Says There’s ‘Going to Be No Middle Class Left’ – Finance Bitcoin News
Following Jerome Powell’s hawkish commentary at the annual Jackson Hole Economic Symposium, major stock indexes, cryptocurrencies, and precious metals slid...
EUR Drops Below USD for the Second Time in 20 Years, Greenback’s Strength Leads to Largest Weekly Rise Since March 2020 – Finance Bitcoin News
The U.S. dollar has been very strong compared to a myriad of fiat currencies worldwide and this week, the euro...
